RAK Corp. is evaluating a project with the following cash flows: Cash Flow 28,700 10,900 13,600 15,500 12,600 - 9,100 Year 0 12345 2 The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR % Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
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Ef 325.

RAK Corp. is evaluating a project with the following cash flows:
Cash Flow
28,700
10,900
13,600
15,500
12,600
- 9,100
Year
0
1
2
2345
3
5
The company uses an interest rate of 8 percent on all of its projects.
Calculate the MIRR of the project using the discounting approach. (Do not round
intermediate calculations. Enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
MIRR
Calculate the MIRR of the project using the reinvestment approach. (Do not round
intermediate calculations. Enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
MIRR
Calculate the MIRR of the project using the combination approach. (Do not round
intermediate calculations. Enter your answer as a percent rounded to 2 decimal
places, e.g., 32.16.)
MIRR
%
Transcribed Image Text:RAK Corp. is evaluating a project with the following cash flows: Cash Flow 28,700 10,900 13,600 15,500 12,600 - 9,100 Year 0 1 2 2345 3 5 The company uses an interest rate of 8 percent on all of its projects. Calculate the MIRR of the project using the discounting approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR Calculate the MIRR of the project using the reinvestment approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR Calculate the MIRR of the project using the combination approach. (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places, e.g., 32.16.) MIRR %
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